August Housing Sales Up, Capping Strongest Summer in 10 Years

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As the summer selling season comes to a close, Wisconsin’s housing market grew at a more moderate pace in August compared to June and July. Still, the August sales and median price levels remained above those of August 2014, according to the most recent analysis of residential housing conducted by the Wisconsin REALTORS® Association (WRA). Home sales increased 3 percent in August compared to that same month last year, and the median price rose 2.9 percent to $161,500 over that same period.

“June through August is always our busiest season, and 2015 has been an exceptional summer for Wisconsin home sales,” said K.C. Maurer, the new 2015-16 WRA board chairman.“A typical summer accounts for about 32 percent of annual sales, and this year we were up 14 percent over last year – making summer 2015 the strongest summer volume since 2005 before the recession,” said Kruse.
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Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Dane County, and Rock County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. Once again this month both Dane & Rock County’s home prices & home sales increased significantly, year over year! If you are thinking of buying or selling, we’d be happy to help!.

Thinking of purchasing a home before prices or rates rise any further? We’d be happy to show you any homes currently listed for sale. Take a look at all available MLS listings below or tell us more about what you are looking for in your next home.

With the recent home price increases, now might be the right time to sell your Wisconsin home. Take advantage of your increased equity! Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, we would be happy to provide you with a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market.